EU industry groups are making a last-ditch lobby effort on access to accounts, transaction fraud rates and corporate payments as the European Commission considers whether to make changes to the...
On April 21, 2017 the State Duma passed a draft Law on amendments to Article 16.1 to FZ "On protection of consumer rights" and FZ "On the national payment system" in the third reading, which sets...
Non-profit pressure group Allied Progress has restated its support for the Consumer Financial Protection Bureau’s rule on prepaid accounts, despite industry joy about the six-month delay of its...
On April 21, 2017, the National Bank of Ukraine (NBU) published an announcement on ID card innovation and how the cards can be used as a convenient tool to access banking services, despite initial...
The U.S.’ Consumer Financial Protection Bureau (CFPB) has proposed to delay the entry into force of controversial new rules on prepaid cards by six months, after widespread industry concerns.
Industry researchers believe European officials may amend the European Banking Authority's proposed rules allowing providers to bypass certain security checks if fraud rates are sufficiently low.
The Bank of England questions the effectiveness of enormous fines for misconduct; U.S. regulators are rapped for their handling of the Wells Fargo fake account scandal; Japan's top financial...
A United Nations report has praised regulators in China for their “wait and see” approach to its multi-trillion dollar mobile payments market, although experts are dubious about policymakers’...
European regulators have given the green light for a US private equity firm to acquire France-based Morpho after the firm addressed concerns the deal would limit competition in the French smart...
Mastercard’s attempt to gain a foothold in the non-card payments market has received a substantial boost after competition regulators approved its takeover of infrastructure provider VocaLink.
As the European Commission attempts to find a solution to long-running hostility between banks and third-party payment providers, PaymentsCompliance examines the dispute over security, screen...
U.S payments lobbyists have urged regulators to address the multiple inconsistencies in the new prepaid rule, which industry insiders believe could kill off certain products currently thriving in...
Allowing Australian banks to negotiate collectively with Apple for access to its contactless payment technology would have done little, if anything, to increase competition in the card and digital...
Consumers will be allowed to establish a “whitelist” of trusted recipients for card payments, EU regulators have confirmed, after Mastercard raised concerns that proposed security standards might...
The Financial Conduct Authority (FCA) has launched a consultation as a result of a credit card market study, which was carried out in 2015/2016 and in which the authority aimed to find out if the...
The Central Bank of Argentina has set the interchange fee caps applicable from April 1, 2017, which reduce gradually in the following years for debit and credit cards....

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